Metalhead 🇳🇿 🇧🇪 🪙

@Julie_nzkiwi There goes debt rising to unserviceable levels, inflation surfacing like the Phoenix out of the coals, misery to NZers as we cant mine, use our resources and get our way out of poverty. Chris still isn't the right leader for Labour either. But neither is scribble face or Chloe.

I have decided to vote for Chris Hipkins this election. He is a remarkable leader, honest, and loyal. He will make an excellent prime minister, with Chloe Swarbrick and Rawiri Waititi as deputy prime ministers. Nga mihi

@GetSortedtoday @Hummer35814874 @saltyreigns 11-12 million barrels per day have been disrupted, out of over 100 million barrels per day. There is no shortage, the only outlier is Trump and maybe ground troops into Iran but still think it'll affect price rather than supply to what it is currently.

@Hummer35814874 @saltyreigns We wont run out... there is no shortage....

Yet we are to believe they will keep supplying little ol NZ with fuel.

@FL46568347 @HenrikZeberg Defaltionary

@HenrikZeberg You think an economy about to roll over in combination with dramatically rising food and energy prices is going to be deflationary?

Exactly 👇 A spike in Oil Prices is not just “inflationary”. It depends! If the economy is in “Recovery” or “Expansion” then higher Oil prices are inflationary. BUT! If the economy is rolling over - and is in late “Slowdown” or in “Contraction” then higher Oil prices are DEFLATIONARY! Where the economy is in the Business Cycle is key to understand the effects of various shocks to the economy. Please read that again! This is why Business Cycle analysis is the key backbone for any Macro analysis.

@HenrikZeberg The start of the deflationary bust.

@IrishAotearoan @NZNationalParty OMG do not spend the same amount of money that Labour spent to save jobs or the economy. That's not saving an economy, its economic sabotage. We're nearing the end of a massive credit bubble, private credit is blowing up as we speak. Yields are creeping higher.

So @NZNationalParty don’t want to spend the same money as Labour, remember what it was spent on - saving jobs. So expect massive job losses as companies won’t be able to (may choose not to) pay you if you can’t come to work.

@LionelFlysite We already move alot of goods on trains already. Theyre not just sitting around doing nothing but dont think theres alot of spare capacity either.

Not once have I heard the govt suggested diverting goods for transport to Rail. This is a no brainer! They are so wrapped up in thier ideology and support of road transport. We are so fucked!

@threeboysbrew If we dont have alot of oil, then we need more oil. Along with any other source of energy we can find. More solar would be great too. Btw we are not far from oil and natural gas. We're standing on loads of it. We need proper solutions not idealistic.

#NZ #EnergyMarkets 1. Not much oil 2. Long way from oil 3. Lots of wind 4. Lots of sun 5. Lots of water 6. Lost of geothermal Anybody got any ideas... our governments are stumped !

Te Pāti Pākehā or Te Pāti Māori or just New Zealand?? The far left is stuck on ideology, blaming colonisation for everything. The far right is just as bad, calling everything Māorification... Meanwhile, most Kiwis are just trying to get on with life... It’s 2026. People don’t care about labels. They care about outcomes... I’ll say it straight, we’ve lost the plot as a country. We spend more time arguing than actually fixing anything... Education. Health. Energy security. Cost of living. Mass immigration. That’s what matters... We need to get back to being one people. One country. One direction... Start putting New Zealand first. A hand up, not a handout. Opportunity, not dependency. Accountability, not excuses. No more extremes. No more noise.

Do you remember this? We do.

@JailBre18534267 @NZNationalParty Sounds like another cry baby post by a Labour supporter. Toughen up princess.

Labour was building a massive diesel reservoir that would have been full now for times like this but like the ferries national cancelled it if we ran out of diesel it’s all on @NZNationalParty

@NoLimitGains While everyone is focused on oil supply, demand destruction will pull prices back down. Either way, oil going up = bad Prices going down = bad

🚨 Oil just crashed to $86 Something big is about to happen.

@CitizenBomber You mean why are we not being locked down? All mouth but no brain.

Government’s response to oil crisis is pathetic – they are NOT preparing for worst case scenario This isn’t leadership, it’s incompetence. #nzpol LINK BELOW ⬇️⬇️⬇️

@frankie2258 The Chateau Tongariro Hotel was owned and operated by KAH New Zealand Limited, a subsidiary of the Malaysian-based conglomerate Oriental Holdings Berhad (OHB), from 1990 until it closed in February 2023.

They are going to sell it. Read that again. Our government have overseas investors lined up. Still going to sit on your hands dear readers? Still? Shame on you rnz.co.nz/news/national/…

You have the choice of being morally outraged, even though it is rather selective. I pray for peace, but at a time when the economy is about to crash and people are struggling to put food on the table I choose my people, the people I can help. You last comment just shows who you really are. When the left cant win arguments they resort to name calling 🤡

@peccavi77 The choice of being morally outraged at genocide war and having compassion and humanity is what is wrong with me. Please dont breed.

So ashamed of Aotearoa NZ right now. rnz.co.nz/news/business/…

New Zealand is an incredibly resource rich country. We just choose not to use them. We sit on large gold deposits across Otago, the West Coast and the Coromandel. Gold is now worth roughly $8,500 NZD per ounce. Yet we barely mine it. We have multiple offshore oil and gas basins including Taranaki, the Great South Basin and the Canterbury Basin. Instead of exploring and developing them we banned new offshore exploration. We have one of the largest exclusive economic zones in the world at roughly 4.1 million square kilometres. That seabed likely contains manganese nodules, cobalt and rare earth minerals that the modern world desperately needs for electronics, batteries and industry. We do not develop them. We have world class geothermal energy resources that could power large scale industry and energy exports. We only partially use them. None of this requires destroying the country. Modern extraction industries operate with strict environmental standards across countries like Australia, Canada and Norway every day. The result of our choice not to develop these resources is simple. New Zealand leaves tens of billions of dollars of potential exports on the table every year. That means fewer high paying jobs, lower incomes and a smaller economy than we could have. If New Zealand seriously developed its natural resources the economy could realistically be 8 to 15 percent larger. That would mean roughly $7,000 to $15,000 more income per person every year. This is not about ideology. It is about reality. A smart country uses the resources it has.

Does an LNG import terminal still seem like a good choice, @chrisluxonmp @shanejonesmp? Maybe you should start considering energy security, which can only come through renewables, instead of doubling down on your ideological fossil fuel fanaticism. bloomberg.com/news/articles/…

New Zealand needs to start drilling for oil again. This should not even be controversial. It should be basic national competence. Our country uses roughly 150,000 barrels of oil every single day. Petrol, diesel, jet fuel, shipping, agriculture, construction, logistics. The entire modern economy runs on it. Yet we have decided that instead of producing our own resources, we will simply import fuel from overseas and hope the ships keep arriving. That is not environmental virtue. That is strategic stupidity. New Zealand does have oil. The Taranaki Basin already produces it, and there are additional basins around the country that have barely been explored. We will never be Saudi Arabia, but we absolutely could produce a meaningful portion of our own energy. Producing even 30% to 40% of our fuel domestically would dramatically improve our national security. Instead we banned new exploration. Think about how irrational this is. We did not stop using oil. We simply decided that someone else should produce it for us. So the same oil is still being drilled. It is just drilled in another country, shipped across the world on tankers, and then sold back to us. That is not saving the planet. That is exporting our responsibility. Energy security is not an ideological issue. It is a reality of living in the modern world. A serious country develops its own resources. A serious country plans for supply shocks. A serious country ensures its economy can keep running if global supply chains break. Right now New Zealand is behaving like a country that assumes nothing will ever go wrong. Adults need to be back in charge of energy policy. We should be exploring for oil. We should be drilling where resources exist. We should be producing as much of our own energy as possible. Because hoping the ships keep coming is not a strategy.

@HenrikZeberg Still listening to Iron Maiden - Live after Death. Best live gig ever. Not to mention some of the old Metallica albums - Ride the Lightning, Master of Puppets. IMHO todays music lacks soul.

Best Music was created in 1980-1990s 😉

Apparently around $30 BILLION of the money allocated for Covid never actually got spent on Covid. (Where did it go then Chipster?) Just for a little perspective, that amount of money in New Zealand could fund things like: • 196,000 doctors for a year • 333,000 teachers for a year • 6,500 doctors for the next 30 years • 11,000 teachers for the next 30 years Or if you prefer infrastructure: • Around 30 major hospital redevelopments • Huge nationwide school rebuild programmes • Billions in roads, rail and infrastructure. With the average dental check-up around $100, $30 billion would fund roughly 300 million dentist visits. That’s basically every New Zealander going to the dentist every year for the next 50 years. Instead, it sat in a giant pot labelled “Covid funding” and went…. Somewhere else….where? No one seems to really know. Hard not to wonder what New Zealand might look like today if even a fraction of that had been spent somewhere it’s actually needed. Cheers Chippy. You sure know how to spend (everyone else’s) money.

@playmatejaylene Nothing beats coffee, watching the sun rise on a beach in the middle of nowhere. Kinda looks like East Cape/Gisborne/Hawkes Bay area?

Good morning from New Zealand vanlife ☕️